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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 14.61 EUR | +0.41% |
|
+1.56% | +13.68% |
| May. 02 | ExxonMobil pushing forward with Mozambique LNG project, official says | RE |
| Apr. 29 | CAC40: limited downturn, despite the beginnings of a rate cut | CF |
PARIS (Reuters) - French bank Credit Agricole said it had agreed to sell 78.7% of its Moroccan banking unit Credit du Maroc to the Moroccan company Holmarcom, in a deal which it said would boost the strength of its balance sheet.
Credit Agricole did not disclose financial terms of the sale, but said the sale of the stake in Crédit du Maroc would have a positive impact of around 10 basis points on its core tier one equity (CET1) capital ratio.
(Reporting by Sudip Kar-Gupta. Editing by Jane Merriman)
| 1st Jan change | Capi. | |
|---|---|---|
| +13.68% | 47B | |
| +12.96% | 208B | |
| +4.26% | 74.48B | |
| +9.49% | 54.78B | |
| +3.95% | 48.35B | |
| +21.47% | 45.25B | |
| +10.41% | 36.35B | |
| -16.09% | 35.27B | |
| -96.60% | 32.25B | |
| +7.02% | 25.37B |
CRÉDIT AGRICOLE S.A. 
